ZBB Energy Announces Agile Hybrid Series Energy Storage for Commercial and Industrial Building Market (Marketwired)

Only ZBB's Agile Hybrid Storage Provides the Cost Effective Versatility Required to Meet the Changing Power and Energy Needs of Commercial and Industrial Building Owners

MILWAUKEE, WI - ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of innovative energy management systems solutions serving the utility and commercial and industrial (C&I) building markets, today announced the introduction of the Agile Hybrid Series, the first energy storage system optimized specifically for high performance, safety, longevity and ability to deliver both power and energy for all available behind-the-meter applications in commercial, industrial, multi-tenant and resort buildings.

Such buildings may have 10 or more different applications for energy storage, ranging from very short UPS type applications lasting seconds or minutes, to "rate or demand shift" type applications lasting several hours and backup applications for longer term outages. To perform all of these applications requires a storage system with versatility. The frequency at which the battery is discharged can range from numerous short cycles per day for applications such as frequency regulation or renewables firming, to a single extended cycle during the day as required for "smart export" or "peak shaving". Some storage technologies are good at short discharge, high frequency cycling and some are good at deep discharge, long duration cycling. There is no battery technology that is inherently optimized for performance, longevity and safety across all potential applications. The Agile Hybrid solution is simple, economical and safe and designed with the versatility required by C&I building owners.

ZBB's hybrid storage system pairs its latest C&I Flow Battery platform, the Agile Flow Battery, with the optimum complementary storage technologies required to meet any application or set of applications required for a particular building. The Agile Flow Battery recently achieved 3rd party certification from a leading, globally recognized test facility in China, validating that it achieved performance at or beyond design specifications and company claims.

"ZBB begins the design of nearly all our energy storage systems for the C&I market with the Agile Flow battery because it is ideally suited to applications that require discharge times greater than 2 hours. These applications form the backbone of most C&I opportunities where high financial return is possible, taking large amounts of energy from distributed generation or from the grid and moving it within the building from one time period to another, or delivering out to the grid when the utility needs it," said Brad Hansen, President and COO of ZBB Energy.

While many companies claim to have "behind the meter" storage products, the reality is that no single battery covers the breadth of applications. Every energy storage technology has a "sweet spot" for safety, performance and operational economics. The Agile Flow Battery is designed for, and is inherently best for longer discharge, high-energy applications, and ZBB then integrates complementary storage technology best suited for the balance of the applications, such as super-capacitors, flywheels or aqueous storage. Lithium ion battery storage is most frequently selected, as it is a good technology for renewable firming and other shorter discharge, high power applications. ZBB made news in January by announcing that it would ship and commission the first large commercial hybrid storage system consisting of flow batteries and a Li ion module to a multi-tenant residential building in Hawaii. The system, configured with (2) ZBB's EnerStore V3.3 flow batteries and Li ion has since been successfully commissioned and signed-off by the customer, providing validation of ZBB's system design and control capability.

"For the Agile Hybrid Li-ion, we work with the best lithium ion products for C&I applications, meaning those that are safe and have the right thermal and lifetime performance characteristics for a high reliability, high quality system," said Hansen. "We have the advantage of being able to pick and choose only the best of many available lithium ion battery alternatives. It is well known that some are better than others in protecting against thermal runaway and accelerated capacity erosion. By integrating the right lithium ion battery into the Agile Hybrid Li-ion, the lifetime and overall performance of the lithium ion battery is far greater than it would be if utilized on its own, running outside of its optimum operating window. With an Agile Hybrid Li-ion we deliver the most cost effective power and energy storage system for every possible C&I building application," concluded Mr. Hansen.

The challenge of concurrently performing multiple applications in the same C&I building energy management system is significant because each application has unique requirements and economic drivers, and can be either scheduled or intermittent. In the 20 year life of storage equipment, C&I building owners will experience a number of utility tariffs, reliability and security changes that may, on a moment's notice, render the storage equipment less economical and even obsolete. ZBB's proprietary "Auto-Sync" DC-Bus technology is foundational to the design of a simple, highly productive energy management system for any C&I opportunity, regardless of application or energy storage technology. Coupling this Auto-Sync technology with the Agile Hybrid provides the C&I building owner with the peace of mind that no matter what energy system changes occur, the ZBB Agile Hybrid Series can be re-optimized to maximize its cost effectiveness. ZBB is the first to hybridize large-scale hybrid energy storage systems for the C&I market, with multiple storage technologies working in harmony to accomplish different applications. The "Auto-Sync" DC-Bus enables any system in any building to be quickly optimized or expanded with additional distributed generation and/or new applications. Initial shipments of the Agile Hybrid Li-ion are expected to commence in the fourth quarter of this calendar year.

 

About ZBB Energy Corporation

ZBB Energy Corporation (NYSE MKT: ZBB) is an applications solutions company providing advanced energy management systems critical to the transition from a "coal-centric economy" to one reliant on an enormous expansion in renewable energy. Whether part of the grid power transmission and distribution network, or behind the meter in commercial, industrial and multi-tenant buildings, ZBB Energy brings vital power control and energy storage solutions to the most pressing problems caused by the incorporation of increasingly pervasive renewable energy generating assets. ZBB Energy also provides energy management systems for off-grid applications such as island or remote power. ZBB is a global corporation, with a joint venture in AnHui, China at Meineng Energy, as well as a strategic partnership with Lotte Chemical in South Korea. For more information, visit: www.zbbenergy.com.

Safe Harbor Statement

Certain statements made in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. Forward-looking statements in this press release may address the following subjects among others: statements regarding the sufficiency of our capital resources, expected operating losses, expected revenues, expected expenses and our expectations concerning our business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Sapa sells HatiCon to Mounting Systems GmbH

Sapa has sold its HatiCon operations to the German company Mounting Systems GmbH. HatiCon produces, markets and sells aluminium extrusion-based mounting systems for the solar industry. 

The agreement reached today means that Mounting Systems GmbH, will with immediate effect take over the operations for HatiCon Germany GmbH including the US company HatiCon Solar, LLC.

The divestment concludes a process in which the management of Sapa’s aluminium building systems business area also had evaluated new restructuring measures following challenging market conditions in the solar industry in Europe.

“Combining Mounting Systems and HatiCon will be an opportunity to create on strong and competitive player in the photovoltaic and solar thermal mounting systems industry”, says Karsten Lundgaard, executive vice president and head of Sapa Building Systems. Sapa delivers aluminium solutions to customers in the solar industry across the world, however, HatiCon has been the only unit in Sapa delivering branded systems to this industry. “Going forward Sapa will not be operating with branded systems in this industry but rather continue as a supplier of aluminium extrusions to companies like Mounting Systems and Haticon”, concludes Lundgaard.

For over 20 years Mounting Systems develops and manufactures innovative racking system solutions for photovoltaic and solar thermal applications. With acquiring HatiCon, Mounting Systems continues growing as a specialist for innovative and high-quality racking system solutions for photovoltaic and solar thermal systems, both nationally and internationally.

“Uniting Mounting Systems and HatiCon is an important milestone for our company”, says Stefan Spork, Managing Director of Mounting Systems. “With acquiring HatiCon, we gain valuable know-how in racking systems solutions, especially for on-roof systems. This fits perfectly in our product portfolio and the services we offer and will benefit our customers”, adds Stefan Spork.

HatiCon’s production activities and head office are in Pinnow, Germany. The company also has offices in Güterfelde, Germany, and Ontario, California. HatiCon employs about 100 people.

The companies agreed on keeping the purchase price confidential. The brand “HatiCon” and all associated functions, like administration, management and infrastructure, will be continued for now.

Sapa is the world leader in aluminium solutions, shaping a lighter future through a global reach and local presence within extrusions, building systems, and precision tubing. The company has 23,000 employees in more than 40 countries, and the headquarters are located in Oslo, Norway. www.sapagroup.com

Mounting Systems GmbH is one of the largest manufacturers of fastening systems for photovoltaic and solar-thermal power plants in the world and module frames. With over 20 years of experience in the market, the company is a highly skilled developer and manufacturer in this business segment, headquartered in Rangsdorf near Berlin. Mounting Systems is also serving its customers from its own sales and production site in West Sacramento, USA and sales offices in UK, France and Japan. 

CALSEIA Releases 2014 Annual Report

CALSEIA has pulled together a first-ever annual report, highlighting what the organization has accomplished, how we grew, and who helped contribute to our collective work in 2014. The report highlights CALSEIA's various policy and program accomplishments including key battles on NEM grandfathering, fire code issues, solar water heating, rates, grid modernization, among others.

To view and download the 2014 CALSEIA Annual Report, click here.

Gov. Brown Starts Historic 4th Term Calling for More Rooftop Solar

Solar Industry Stands Ready to Build for the Brighter Future Called for by Gov.

Sacramento – In his historic fourth inaugural address, Governor Jerry Brown called for 50% renewable energy by 2030 and specifically for more rooftop solar power to meet the needs of California today, and tomorrow.

“California’s solar industry stands ready to build Governor Brown’s vision of a better, stronger, cleaner California,” said CALSEIA Executive Director Bernadette Del Chiaro. “Through expanded solar power, California can give the power of the near limitless sun to future generations while building a stronger economy today.”

In his inaugural speech this morning, Governor Brown called specifically for three goals by 2030:

  1. 50% renewable energy, up from 33% which will be reached by 2020;
  2. 50% cut in petroleum usage;
  3. 100% increase in existing building efficiency.

Solar power can help California achieve all three of these goals through greater deployment of rooftop photovoltaic and solar water heating technologies throughout the state. All reports show the industry is poised for continued growth. By all accounts, 2014 is wrapping up as the biggest year for solar power in history, California is on the brink of achieving its “Million Solar Roofs” goal two years ahead of schedule, and, the industry employs more people than the traditional investor-owned utilities combined.

“With the help of increased storage, the evolution of advanced inverters and smart grid technologies, and the increased investment in solar water heating technologies, solar power can play a significant role in building the carbon-free California envisioned today by the governor;" said Del Chiaro. 

In the context of today’s speech, CALSEIA reiterated its policy priorities for 2015, including:

  • Expanding and protecting net energy metering (NEM);
  • Protecting solar-friendly consumer electricity rates;
  • Protecting and extending rebates for solar water heating technologies;
  • Reducing soft costs through implementation of AB 2188, the permit streamlining law;
  • Extending the Federal Investment Tax Credit (ITC) beyond 2016.

 “Getting the policies right is critical to solar power’s continued growth and success,” concluded Del Chiaro. “Entrenched special interests and legacy industries continue to push back on the inevitable clean energy revolution making it imperative that policy makers get the details right in the years ahead.”